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Western Asset High Income Fund II Inc. functions as a closed-end mutual fund concentrating on fixed income investments. Legg Mason Partners Fund Advisor, LLC holds primary management responsibility, with additional oversight from Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund's investment strategy involves deploying capital across global fixed income markets, specifically targeting high-yield debt securities. These debt instruments originate from U.S. and foreign corporations, as well as foreign governments, encompassing a wide range of sectors. Portfolio construction is driven by a disciplined process that integrates both quantitative and fundamental analysis, coupled with a bottom-up approach to selecting securities. Its performance is measured against two benchmarks: the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. This U.S.-domiciled fund was established on May 28, 1998.
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FAQ
What is Western Asset High Income Fund II stock price today?▼
The current price of HIX is $3.99 USD — it has increased by +0.63% in the past 24 hours. Watch Western Asset High Income Fund II stock price performance more closely on the chart.
What is Western Asset High Income Fund II stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Western Asset High Income Fund II stocks are traded under the ticker HIX.
Is Western Asset High Income Fund II stock price growing?▼
HIX stock has risen by +1.53% compared to the previous week, the month change is a +1.79% rise, over the last year Western Asset High Income Fund II has showed a -5.67% decrease.
Does Western Asset High Income Fund II pay dividends?▼
Yes, HIX dividends are paid monthly. The last dividend per share was 0.05 USD. As of today, Dividend Yield (FWD)% is 14.85%.
In which sector is Western Asset High Income Fund II located?▼
Western Asset High Income Fund II operates in the Other sector.
When did Western Asset High Income Fund II complete a stock split?▼
Western Asset High Income Fund II has not had any recent stock splits.